BIL Vyapar Limited Announces Statutory Auditor Name Change Following Merger
BIL Vyapar Limited has announced that its statutory auditor V P Thacker and Co merged with Lodha & Bhatt, Chartered Accountants effective January 28, 2026, forming TLB & Co, Chartered Accountants. The company, formerly Binani Industries Limited and currently under CIRP, notified BSE, NSE, and Calcutta Stock Exchange on February 18, 2026, in compliance with Regulation 30. This change maintains continuity in audit services while reflecting the merged entity's new corporate structure.

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BIL Vyapar Limited has notified stock exchanges regarding a change in the name of its statutory auditor following a merger between audit firms. The company, formerly known as Binani Industries Limited and currently operating under Corporate Insolvency Resolution Process (CIRP), made this disclosure in compliance with Regulation 30 requirements.
Auditor Merger Details
The company informed that V P Thacker and Co, its statutory auditor, has merged with Lodha & Bhatt, Chartered Accountants effective January 28, 2026. Following this merger, the combined entity now operates under the name TLB & Co, Chartered Accountants.
| Parameter: | Details |
|---|---|
| Previous Auditor Name: | V P Thacker and Co |
| Merger Partner: | Lodha & Bhatt, Chartered Accountants |
| New Entity Name: | TLB & Co, Chartered Accountants |
| Effective Date: | January 28, 2026 |
| Intimation Date: | February 18, 2026 |
Regulatory Compliance
BIL Vyapar Limited communicated this development to multiple stock exchanges where its shares are listed. The notification was sent to BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited on February 18, 2026.
| Exchange: | Trading Symbol/Code |
|---|---|
| BSE Limited: | 500059 |
| NSE: | BILVYAPAR |
| Calcutta Stock Exchange: | 12026 |
The intimation was signed by Daman Preet Kaur, Company Secretary cum Compliance Officer, and references an earlier communication dated February 13, 2026. This disclosure ensures transparency regarding changes in the company's statutory auditor arrangement and maintains compliance with regulatory requirements for listed companies.
Historical Stock Returns for Bil Vyapar
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.19% | -2.67% | -24.89% | -61.25% | -51.10% | -55.26% |
How might the auditor merger affect the timeline and outcome of BIL Vyapar's ongoing Corporate Insolvency Resolution Process?
Will the new audit firm TLB & Co bring different expertise or approach that could impact the company's financial restructuring strategy?
What are the potential implications for creditors and resolution applicants given this change in statutory auditor during the CIRP?
































